Over the past 30 years, technology companies have boomed, busted and boomed again. In 1980, the global market cap of technology companies totaled $50B, 1.7% of all global equities. Ten years later, tech market caps tripled to $176B. Then, technology companies entered hyper-growth, registering 140% annual growth rates for ten years surpassing $8T in global market cap in 2000. At its zenith, IT companies represented one-fourth of all equity value in the world - pure euphoria. At its post-2000 nadir three short years later, technology market caps deflated 63% to $3T. Today, the sector has settled: technology equity is worth $7T and represents 14.7% of the total global market cap.Source: http://feedproxy.google.com/~r/Techcrunch/~3/0tukQMR5pdQ/
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